So I've been watching the price surges and it seems the price start to go up during the day in China but then it slows down like now. Does that make sense? Is that why usually later in the evening the price starts hiking up again like it did the past two days?
One of, if not THE, largest driving factors in BTC price right now is the Chinese market. Even their communist government is endorsing it, in a sort of indirect way. It makes perfect sense then, that China is pushing up the price when they're awake to do so.